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Global Winetainer Market: Dynamics
Wine makers do not go for oak barrels as they are heavy, space-consuming and a primitive way of storing wine. The advent of the wooden barrel represented a quantum leap for wine manufacturers as wood barrels make a much more durable shipping container. Wine oak barrels are considerably expensive and the prices of these barrels vary from country to country. The high prices of oak barrels have been driving the winetainer market. Wine aged in wooden barrels undergoes extreme evaporation loss. The same wine, when aged in a winetainer made from stainless steel, experiences much lesser evaporation loss. Winetainers are an economic choice for wine makers as compared to wooden barrels. That apart, significant labor is required for maintaining wooden barrels. Winetainers have a manway-size opening for easy operability. Storage and stacking of barrels requires a lot of space, which leads to both high cost of building as well as high demand for energy to heat or cool the area. Winetainers come inbuilt with the dimpled heat exchanger which facilitates efficient cooling of wines. Increasing wine consumption globally will fuel the winetainer market during the forecast period. According to the Wine Market Council, millennials consume almost 40% of all the wine in the U.S, more than any other age group. This growing demand for wine from the millennial will boost the production of wine and thus, the winetainers. In addition, the wintainer market growth will be spurred by the increasing disposable personal income and changing alcoholic beverage preferences occurring with younger consumers. These changes include the preference for wine over beer among millennials and a larger share of millennials consuming wine on daily basis than any other age groups.
Global Winetainer Market: Segmentation
The Global Winetainer Market is segmented on the basis of construction steel into:
- 302 Stainless Steel
- 304 Stainless Steel
The Global Winetainer Market is segmented on the basis of capacity into:
- Less than 200 gallons
- 200-400 gallons
- 400 gallons & above
The Global Winetainer Market is segmented on the basis of application into:
- Wine Storage
- Wine Fermentation
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Global Winetainer Market: Key Manufacturers
Some of the key players operating in the global Winetainer market are:
- The Vintner’s Vault
- Bonar Plastics
- Sierra
- Direct N-Pakt Inc.
- Daco Corp
- Synder Insutries
- Kinnek
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
- Technology
Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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